List Search

2495-2499 Raymond Dr
Saint Charles, MO 63301

$650,000 USD

Loft Creative Space For Sale  •  6,000 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 6,000 SF
  • Lot Size 0.87 AC
  • Building Class C
  • Year Built 1985
  • Cap Rate 7.34 %
  • Tenancy Multiple
  • Zoning Commercial
0 Transit Score
72 Walk Score

Highlights

2,000 sf of office/retail is available NOW for an owner user and Lease the 4,000 sf to the State of Missouri. 2,000sf is available for Lease
6,000 sf brick building available for sale and or Lease.
4,000 sf has been Leased to the State of Missouri for a Drivers Testing facility since 1996!
Both of the 4,000 sf and the 2,000 sf units are all electric and have separate electric meters
St. Charles License Office recently vacated the 2,000 sf after many years of occupancy (at $24.00/sf Modified Gross)

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $47,740 USD (2024)
Cap Rate: 7.34 %
Total Expenses: $25,550 USD

Major Tenants

Tenant SF Occupied Lease End Date
State of Missouri 4,000 SF

Amenities

  • Dry Cleaner
  • Signage
  • Wheelchair Accessible
  • Kitchen
  • Reception
  • Storage Space
  • Central Heating
  • Open-Plan
  • Partitioned Offices
  • Drop Ceiling
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
St Louis Lambert International 19 min - 12.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 55
Type: Surface
Included in Rent: Yes
Scott Sacco 636-448-5171 KW Commercial
Scott Sacco 636-448-5171 KW Commercial